All About Mount Moriac, Surf Coast, VIC, 3240

Mount Moriac, located in the Surf Coast region of Victoria, offers a unique and appealing blend of rural tranquility and accessibility to urban conveniences. The housing market here is characterized by a diverse range of options, from sprawling acreage properties ideal for families seeking more space, to cozy, well-maintained homes that cater to those looking for a peaceful retreat from city life. In recent years, there has been a noticeable increase in interest from buyers seeking to capitalize on the area's natural beauty and the relative affordability compared to metropolitan areas. This demand has gently pushed property prices upward, though they remain within reach for many who are drawn to the region’s charm. Offering a slower pace of life, Mount Moriac is particularly attractive to retirees and families, providing a serene environment with the added benefit of being just a short drive from the bustling city of Geelong.

Living in Mount Moriac means embracing a lifestyle that is deeply connected to nature, with the vast, open landscapes of the Surf Coast as your backdrop. The community is known for its friendly and welcoming atmosphere, where neighbors often know each other by name and local events are well-attended. Outdoor enthusiasts benefit from the proximity to some of Victoria’s best beaches and nature reserves, making it easy to enjoy activities such as hiking, cycling, and surfing. Despite its rural feel, Mount Moriac does not sacrifice convenience; essential services and amenities are readily accessible, with local shops and schools meeting the needs of residents. For more comprehensive shopping and healthcare services, Geelong is conveniently close, providing an ideal balance for those who enjoy country living with the conveniences of a larger city just a stone’s throw away.

Mount Moriac Real Estate Market Outlook

Thinking about buying in Mount Moriac? Now could not be a better time, with just 132 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,801,000 with prices in this suburb ranging from $930,000 to $5,318,000. The aproximate distance to the coast is 11 Km.

In Mount Moriac there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Mount Moriac are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Mount Moriac provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Mount Moriac to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Mount Moriac the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

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General Points of Interest

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